What Is The Maximum Social Security Tax 2024

What Is The Maximum Social Security Tax 2024. Workers pay social security tax up to a maximum income level, which was $160,200 in 2023. If you are working, there is a limit on the amount of your earnings that is taxed by social security.

In 2024, the social security tax limit rises to $168,600. Workers earning less than this limit pay a 6.2% tax on their earnings.